Sabine Royalty Trust (SBR) Stock Forecast, Price & News

Sabine Royalty Trust's stock was trading at $85.45 at the beginning of 2023. Since then, SBR stock has decreased by 13.8% and is now trading at $73.68.
View the best growth stocks for 2023 here.

Sabine Royalty Trust saw a drop in short interest in April. As of April 30th, there was short interest totaling 17,800 shares, a drop of 32.3% from the April 15th total of 26,300 shares. Based on an average daily volume of 75,100 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.
View Sabine Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SBR earnings forecast.

Sabine Royalty Trust (NYSE:SBR) announced its earnings results on Thursday, May, 7th. The energy company reported $0.71 earnings per share for the quarter. The energy company earned $11.31 million during the quarter. Sabine Royalty Trust had a net margin of 97.32% and a trailing twelve-month return on equity of 986.95%.

Sabine Royalty Trust declared a monthly dividend on Thursday, May 4th. Investors of record on Monday, May 15th will be given a dividend of $0.499 per share on Tuesday, May 30th. This represents a $5.99 annualized dividend and a yield of 8.13%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for SBR.

ETFs with the largest weight of Sabine Royalty Trust (NYSE:SBR) stock in their portfolio include Global SuperDividend US ETF (DIV), Virtus Real Asset Income ETF (VRAI), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Horizon Kinetics Energy and Remediation ETF (NVIR).Horizon Kinetics Inflation Beneficiaries ETF (INFL),

Sabine Royalty Trust (NYSE:SBR) pays an annual dividend of $5.99 per share and currently has a dividend yield of 8.25%. SBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SBR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabine Royalty Trust investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Energy Transfer (ET), Wells Fargo & Company (WFC), Main Street Capital (MAIN), Pembina Pipeline (PBA), ARMOUR Residential REIT (ARR), Realty Income (O) and Shaw Communications (SJR).

Sabine Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBR."

Sabine Royalty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fayez Sarofim & Co (1.79%), Mirae Asset Global Investments Co. Ltd. (1.21%), Ronald Blue Trust Inc. (0.41%), Chilton Capital Management LLC (0.35%), Royce & Associates LP (0.33%) and Royce & Associates LP (0.33%).

Shares of SBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of SBR stock can currently be purchased for approximately $73.68.

Sabine Royalty Trust (NYSE:SBR) has a market capitalization of $1.07 billion and generates $125.98 million in revenue each year. The energy company earns $122.69 million in net income (profit) each year or $8.64 on an earnings per share basis.

The company employs 2,020 workers across the globe.

Sabine Royalty Trust's mailing address is PARK PLACE SUITE 850 2911 TURTLE CREEK BOULEVARD, DALLAS TX, 75219. The official website for the company is www.sbr-sabine.com. The energy company can be reached via phone at (855) 588-7839 or via fax at 214-559-7010.